On this episode of the Art of SBA Lending, Ray and his guests discuss the new SOP changes and the potential impact of technology on the industry.

They explore the challenges and opportunities that lenders face in adapting to new technologies and changing market dynamics. The conversation also touches on the importance of culture, talent, and risk management in the lending process.

Key Takeaways:

• Embrace technology and invest in it to make the lending process more efficient and less labor-intensive.
• Focus on culture, talent, and risk management to remain competitive in the industry.
• Be aware of the potential risks and challenges associated with the changing landscape of SBA lending.

 

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This episode of The Art of SBA Lending is brought to you by:

Rapid Business Plans | Rapid Business Plans is the go-to provider of business plans and feasibility studies for government guaranteed small business lenders. For more information, or to set up a Get Acquainted call, email Bethany McClellan at [email protected]

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Lewis Kappes | Lewis Kappes is a premier law firm providing legal counsel to banks and non-bank lenders closing SBA transactions nationwide.

With a team of focused SBA professionals, Lewis Kappes empowers lenders to maximize volume and safeguard their SBA guarantee through systematic and comprehensive legal management of commercial loans.

If you're interested in learning more about the Lewis Kappes SBA Department, contact Scott Oliver at [email protected].